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Dear Colleague,
Welcome to the latest briefing on the 2020 Annual Meetings. Today we spotlight one-on-one discussions with European Central Bank President Christine Lagarde, Analytical Corners on migration, automation and containment policies, pandemic financing in Sub-Saharan Africa, learning in the time of COVID-19 and much more. On that note, let's get started.
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TODAY'S AGENDA (MONDAY, OCT 12)
7:00 AM EDT: Governor Talk: Structural Transformation After the Pandemic - We Have a Choice!
As part of the Governor Talks series, European Central Bank President Christine Lagarde and IMF European Department Director Alfred Kammer discuss the post-pandemic landscape and challenges for policy makers in Europe.
 9:00 AM EDT: Analytical Corner: Changing Societies
Session 1: Migration:The Impact on Countries of Origin and Receiving Countries
Session 2: Automation and Jobs in Europe: How Workers View the Future of Work
Session 3: Effectiveness of Containment Policies and Labor Market Adjustment in Latin America: The Role of Informality
9:30 AM EDT: Capacity Development Talk: Promoting Effective Use of COVID-19 Finance in Sub-Saharan Africa
In this CD Talk, panelists discuss the role of the IMF in helping Sub-Saharan Africa to promote good governance and minimize the risk of corruption in the use of COVID-19 financial support.
Speakers include Antoinette Sayeh, Deputy Managing Director, IMF; Jutta Urpilainen, European Commissioner for International Partnerships; Hon. Régis Immongault, Gabonese Parliament and Finance and Budget Commission; Beauty Emefa Narteh, Ghana Anti-Corruption Coalition; Roger Nord, Institute for Capacity Development, IMF; Vitor Gaspar, Fiscal Affairs Department, IMF; Abebe Aemro Selassie, African Department, IMF
12:00 PM EDT: Governor Talk: Uruguay featuring a discussion with Azucena Arbeleche, Minister of Economy and Finance, moderated by Alejandro Werner, Director, Western Hemisphere Department, IMF
1:00 PM EDT: New Economy Forum: Learning in the Time of COVID
The pandemic is exposing and exacerbating inequalities, putting tremendous pressure on students, parents, and teachers, and leaving millions of kids at risk of dropping out of school. These pressures could leave lasting scars on an entire generation of learners. Sal Khan, Founder and CEO of the Khan Academy, and Sabina Bhatia, Deputy Secretary of the IMF, will discuss the challenges to our students and our education systems, the value and limitations of virtual learning, and the long-term impact on our societies. Watch the discussion and send your questions here
TOMORROW'S AGENDA (TUESDAY, OCT 13)
Tuesday's big-ticket items include the launch of our latest World Economic Outlook and Global Financial Stability Report.
Governor talks include one-on-one discussions with Vera Daves de Sousa, Minister of Finance of Angola, and Perry Warjiyo, Governor of Bank Indonesia. There's also a high-level panel on Post-COVID-19 Recovery and Resilience with Kristalina Georgieva, Mark Carney, Vera Daves de Sousa, and Laurence D. Fink, as well as a very important discussion on Bridging the Data Gap for Public Good with speakers from the IMF, IDB, World Bank, Facebook, Google, and the Gates Foundation, among others.
We'll also be hosting Analytical Corners that cover pandemic lessons from Asia, Germany's Short-Time Work Program and global economic effects of the Great Lockdown.
RECAP OF LAST WEEK
Last week MD Georgieva delivered her Curtain Raiser address to set the stage for this week's Annual Meetings. "My key message is this: The global economy is coming back from the depths of the crisis. But this calamity is far from over. All countries are now facing what I would call 'The Long Ascent'—a difficult climb that will be long, uneven, and uncertain. And prone to setbacks," she said at an event with the London School of Economics. Read the full speech here or watch the highlights.
We published two new analytical chapters of the World Economic Outlook. In the first, IMF staff make the case that economic policy tools can pave a road toward net zero emissions by 2050 even as the world seeks to recover from the COVID-19 crisis. They show that these policies can be pursued in a manner that supports economic growth, employment and income equality. In the second, IMF staff dissect the nature of the economic crisis in the first seven months of the pandemic. They find that the adoption of lockdowns was an important factor in the recession, but voluntary social distancing in response to rising infections also contributed very substantially to the economic contraction.
Also, our new chapter in the Fiscal Monitor shows that increasing public investment in advanced and emerging market economies could help revive economic activity from the sharpest and deepest global economic collapse in contemporary history.
And don't forget to watch last week's discussion with Caroline Criado Perez, author of the best-selling book Invisible Women: Exposing Data Bias in a World Designed for Men, when she sat down with the IMF's Sabina Bhatia to discuss damaging effects of gender data gaps in our work, our homes, and our policies, and how the COVID-19 pandemic is exacerbating gender inequality.
FINAL THOUGHT
This special Annual Meetings newsletter is available in English, French, Spanish, Chinese, Japanese, Russian and Arabic. If you would like to receive these updates in another language, click here, enter your email address to access your subscriptions and select the language you prefer.
Looking to plan even further ahead? Click here to access the full schedule of the Annual Meetings.
Your next briefing will be Tuesday Oct 13th, so stay tuned!
Sincerely,
IMF 2020 Annual Meetings Team
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